Lake Shore Gold Corp.
TSX : LSG

Lake Shore Gold Corp.

April 15, 2008 18:05 ET

Lake Shore Gold Announces Management Changes

TORONTO, ONTARIO--(Marketwire - April 15, 2008) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or "the Company") is pleased to announce the appointment of Mark Utting to the position of Vice-President, Investor Relations, effective immediately. The Company also announced its intention to appoint a new Chief Financial Officer ("CFO") to enhance its capital market, corporate finance and corporate development capabilities.

Mr. Utting is a Chartered Financial Analyst with 20 years of investor relations and corporate communications experience, mainly in the mining and financial services industries. Prior positions in the mining sector include serving as Director, Investor Relations for Rio Algom Limited, a Toronto-based international copper producer, and Director, Communications and Investor Relations with Dynatec Corporation, prior to Dynatec being acquired in 2007. Most recently, Mr. Utting served as Director, Investor Relations with Extendicare REIT, a nursing home real estate investment trust based in Markham, Ontario.

Mario Miranda, formerly the Company's CFO, has ceased to serve in this role, but remains with Lake Shore Gold as a consultant with a focus on implementing capital budgeting and forecasting processes for the Company's projects. Financial reporting and oversight responsibilities are now being managed by Merushe Verli, Vice-President, Finance and Corporate Controller.

Anthony (Tony) Makuch, President and CEO of Lake Shore Gold, commented: "The developments we are announcing today reflect the progress we are making towards establishing Lake Shore Gold as Canada's next intermediate gold producer and our increasing requirements in a number of key areas. Mark Utting is a seasoned investor relations professional with significant experience in mining, which will help us considerably as we increase efforts to communicate our progress to the investment community. We are planning to add a new CFO in order to enhance our corporate finance and corporate development capabilities in support of future acquisitions, joint ventures and financings. I want to thank Mario Miranda for his work as our CFO over the last year."

About Lake Shore

Lake Shore Gold Corp. is a mineral development and exploration company that is rapidly moving towards gold production through a portfolio which includes an existing processing facility and a number of quality mineral properties located in the Timmins gold mining district of northern Ontario and Quebec. The Company has completed a pre-feasibility study and is moving forward with an advanced exploration program at its Timmins West property, has begun re-commissioning work at its 100% Bell Creek mill and is continuing drilling programs at a number of other prospective properties. The Company's common shares trade on the Toronto Stock Exchange under the symbol LSG.

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